News for 'Compensation Committee'

Do top execs of PSBs need a pay overhaul?

Do top execs of PSBs need a pay overhaul?

Rediff.com4 Jul 2023

In FY23, the State Bank of India (SBI) reported a 57.4 per cent jump in its net profit to Rs 55,684.17 crore. But the chairman of the country's largest bank, Dinesh Khara's annual pay for this creditable performance was just Rs 37 lakh (his peers at state-run banks are no better off). Look at his private bank rivals - most pocketed in excess of Rs 7 crore annually - plus stock options.

Telangana polls: KCR's 2 seats among key constituencies to watch out for

Telangana polls: KCR's 2 seats among key constituencies to watch out for

Rediff.com14 Oct 2023

BRS spokesperson Sravan Dasoju, speaking to PTI, expressed confidence KCR would win from both the constituencies with a thumping majority.

Big boost for women's cricket as ICC announces equal prize money

Big boost for women's cricket as ICC announces equal prize money

Rediff.com13 Jul 2023

ICC announced equal prize money for men's and women's teams at ICC events while also making changes to the over-rate sanctions in Test cricket.

Was A Tamil Nadu Temple Sealed For This Reason?

Was A Tamil Nadu Temple Sealed For This Reason?

Rediff.com22 Jun 2023

A district collector leads Dalits into a temple in Tamil Nadu, which is then sealed. A Ganesh Nadar finds out why.

4 major things 47th GST Council is likely to discuss

4 major things 47th GST Council is likely to discuss

Rediff.com28 Jun 2022

The 47th GST Council meeting that is currently underway is slated to discuss a host of issues, including a mechanism for compensating states for revenue loss, tax rate tweaks in some items and relaxed registration norms for small online suppliers. Further, the meeting of the Council, chaired by the Union Finance Minister Nirmala Sitharaman and comprising state counterparts, will also clear levying the highest tax of 28 per cent on online games, casinos and horse racing, besides, measures to curb tax evasion, especially devising ways to tackle high-risk taxpayers in GST. "The meeting is being chaired by Hon'ble Union Minister of Finance @nsitharaman and many important decisions are expected to be taken at the meet," PIB Chandigarh tweeted.

'We are not asking for the moon from Adani'

'We are not asking for the moon from Adani'

Rediff.com21 Dec 2023

'Gautam Adani will not be able to step inside Dharavi.' 'We will ensure Adani will not get what he wants.' 'Adani has no reason to do politics with people of Dharavi but he is still doing it.'

Lok Sabha passes supplementary grants without debate

Lok Sabha passes supplementary grants without debate

Rediff.com21 Mar 2023

On March 13, Minister of State for Finance Pankaj Chaudhary had tabled the second batch of supplementary demands for grants in the House amounting to a total of Rs 2,70,508.89 crore.

CM Shinde visits Maharashtra hospital as 3 more die

CM Shinde visits Maharashtra hospital as 3 more die

Rediff.com15 Aug 2023

Shinde, who was accompanied by civic chief Abhijit Bangar and district collector Ashok Shingare, said the patient deaths at the CSM Hospital, located in his political turf Thane, were painful and asked all parties to desist from indulging in politics on the issue.

GST: Success And The Way Forward

GST: Success And The Way Forward

Rediff.com12 Jul 2023

No longer a discretion of the tax administrator, the audit of returns filed by taxpayers is now based on a selection by algorithms, notes Tarun Bajaj.

Davis Cup: Mukund faces action for not wearing India jersey

Davis Cup: Mukund faces action for not wearing India jersey

Rediff.com17 Oct 2023

AITA is contemplating action against Sasikumar Mukund for not wearing the official jersey during the Davis Cup tie against Morocco.

Liverpool must pay Burnley up to 8 million pounds for Ings

Liverpool must pay Burnley up to 8 million pounds for Ings

Rediff.com29 Apr 2016

Liverpool have been told by a tribunal to pay Championship (second-tier) leaders Burnley up to eight million pounds ($11.7 million) for striker Danny Ings.

Manipur violence: SC transfers CBI cases to Assam

Manipur violence: SC transfers CBI cases to Assam

Rediff.com25 Aug 2023

The Supreme Court on Friday said the trial in the Manipur violence cases being probed by the Central Bureau of Investigation (CBI) will take place in neighbouring Assam and asked the Chief Justice of the Gauhati high court to nominate one or more judicial officers to deal with the matters.

SHOCKING! 2,374 IAF Crashes. 1,305 Pilots Killed

SHOCKING! 2,374 IAF Crashes. 1,305 Pilots Killed

Rediff.com12 Sep 2023

During these seven decades, the IAF has lost 2,374 aircraft to crashes. They include 1,126 fighters and 1,248 non-combat aircraft. In addition, 229 trainers and 196 helicopters have crashed. These crashes have resulted in the deaths of 1,305 skilled pilots, note Ajai Shukla and Devesh Kapur.

Tech Mahindra to allot 45,000 shares under ESOP

Tech Mahindra to allot 45,000 shares under ESOP

Rediff.com27 Apr 2009

IT firm Tech Mahindra on Monday said it will allot 45,000 equity shares under its employee stock option plan.

'Provide more fiscal powers to states', Kerala FM's Budget wish

'Provide more fiscal powers to states', Kerala FM's Budget wish

Rediff.com25 Nov 2022

Kerala Finance Minister KN Balagopal on Friday urged the Centre to provide more fiscal powers to the states as well as increase the shareable proportion of the GST collections. Besides, he asked the central government to expedite approval for the semi-high-speed railway line or the Silverline project from Thiruvananthapuram to Kasargod. The project is mired in controversies.

Jet Airways staff body challenges airline's resolution plan before NCLAT

Jet Airways staff body challenges airline's resolution plan before NCLAT

Rediff.com26 May 2022

All India Jet Airways' Officers and Staff Association on Thursday said it has filed an appeal before the NCLAT against Jalan-Kalrock consortium's resolution plan for the airline. In October 2020, the airline's Committee of Creditors (CoC) approved the resolution plan submitted by the consortium of the UK's Kalrock Capital and the UAE-based entrepreneur Murari Lal Jalan. The plan was later cleared by the Mumbai bench of the National Company Law Tribunal (NCLT).

BCCI to ratify sexual harassment policy

BCCI to ratify sexual harassment policy

Rediff.com7 Sep 2021

The Board of Control for Cricket in India will ratify its Prevention of Sexual Harassment Policy and deliberate on the much-delayed compensation package for domestic cricketers at its Apex Council meeting to be held on September 20.

Elephant tramples 16 people to death in 12 days in Jharkhand, 4 on Tuesday alone

Elephant tramples 16 people to death in 12 days in Jharkhand, 4 on Tuesday alone

Rediff.com21 Feb 2023

Sixteen people in five Jharkhand districts have been killed by a tusker in the past 12 days, with four in a single block of Ranchi district on Tuesday, forest officials said.

Joshimath: Govt prepares for demolition; NCMC says evacuation must

Joshimath: Govt prepares for demolition; NCMC says evacuation must

Rediff.com10 Jan 2023

The administration started preparing for the demolition of two precariously standing hotels in subsidence-hit Joshimath in Uttarakhand on Tuesday, but faced protests from their owners and locals on the issue of compensation, while more families were evacuated from the danger zone as the number of affected houses rose to over 700.

Should Banks Be Closed On ALL Saturdays?

Should Banks Be Closed On ALL Saturdays?

Rediff.com25 Jul 2023

Currently, banks are closed every second and fourth Saturday of a month. Why shouldn't they be shut every Saturday? When most customers carry their banks in their pocket (the app on the mobile phone), there is no need to keep banks open on Saturdays, argues Tamal Bandyopadhyay.

Centre cut funds for Chhattisgarh's anti-Maoist ops, says minister

Centre cut funds for Chhattisgarh's anti-Maoist ops, says minister

Rediff.com2 Nov 2022

State Home Minister Tamradhwaj Sahu said that in 2013-14, the state had received Rs 50 crore for police modernisation from the Centre. The allocation has come down to Rs 20 crore right now.

Sikkim floods toll rises to 26, including 7 soldiers; 142 missing

Sikkim floods toll rises to 26, including 7 soldiers; 142 missing

Rediff.com6 Oct 2023

On day three after a flash flood wreaked havoc in Sikkim's Teesta basin, the number of bodies recovered from the river and mud embankments downstream rose to 22, including seven army men.

SC asks Centre, Manipur to ensure people's safety; urges to avoid hate speech

SC asks Centre, Manipur to ensure people's safety; urges to avoid hate speech

Rediff.com11 Jul 2023

The top court also took note of the submissions about objectionable public utterances by some groups and individuals.

200 child labourers rescued since Jan, raids underway, Delhi govt tells HC

200 child labourers rescued since Jan, raids underway, Delhi govt tells HC

Rediff.com27 Mar 2023

A bench of Chief Justice Satish Chandra Sharma and Justice Sachin Datta granted four weeks to the Delhi government counsel to file a further status report in the matter and listed it for hearing on May 4.

Former NSE MD-CEO Chitra Ramkrishna, her advisor ran a 'money-making scheme': Sebi

Former NSE MD-CEO Chitra Ramkrishna, her advisor ran a 'money-making scheme': Sebi

Rediff.com18 Feb 2022

Former NSE managing director (MD) and chief executive officer (CEO) Chitra Ramkrishna and group operating officer and her advisor Anand Subramanian ran a 'money-making scheme' during their stint at the National Stock Exchange (NSE), markets regulator Securities and Exchange Board of India (Sebi) has alleged. The order passed by Sebi dated February 11 highlights frequent increase in the compensation package of without proper appraisal, documentation or file notings, and the involvement of the human resource (HR) head or the nomination and remuneration committee. Furthermore, the order talks about Subramanian being directed to "withdraw and surrender" to the unknown person a gross amount per month as "gratitude".

Serious lapses by Oreva led to Morbi bridge tragedy: SIT report in HC

Serious lapses by Oreva led to Morbi bridge tragedy: SIT report in HC

Rediff.com10 Oct 2023

The lackadaisical approach on part of the management of Oreva company resulting in "one of the most severe and tragic human calamities" cannot be countenanced, the SIT said.

IIT-Delhi prof-led panel to probe Ramban tunnel collapse

IIT-Delhi prof-led panel to probe Ramban tunnel collapse

Rediff.com22 May 2022

NHAI has already initiated process to handle such emergency situation and also taking all possible measures to avoid such incidents in future, an official statement said on Sunday.

Challenges To Opposition Unity Continue

Challenges To Opposition Unity Continue

Rediff.com24 Apr 2023

The Congress is planning to call a meeting of Opposition parties in May. It is possible to keep all possibilities open in case Karnataka yields a hung House, leading to a recalibrated Opposition.

The Curious Case Of Andhra Pradesh Capitals

The Curious Case Of Andhra Pradesh Capitals

Rediff.com17 Feb 2023

The idea of three capitals has not been abandoned, even as the state lurches from financial crisis to crisis.

Maha hospital reports 18 deaths in 24 hrs, govt orders probe

Maha hospital reports 18 deaths in 24 hrs, govt orders probe

Rediff.com13 Aug 2023

Eighteen patients have died in the last 24 hours at the Chhatrapati Shivaji Maharaj Hospital in Kalwa in Thane, civic commissioner Abhijit Bangar said on Sunday.

Survivors recall: 'Never seen such a horrific accident'

Survivors recall: 'Never seen such a horrific accident'

Rediff.com3 Jun 2023

Another woman from Malda district said that her son was killed in the accident.

'We paid the cricketers better salaries'

'We paid the cricketers better salaries'

Rediff.com11 Oct 2022

'All of us tend to believe that they are so well paid, why should we bother about their payments.' 'But who all are well paid? Only a handful, maybe 3-4 of them, who go in for endorsements and things.' 'The others are struggling, playing Ranji Trophy and other matches, so that compensation we made it market-oriented.'

Rs 5 lakh each compensation to kin of 1984 anti-Sikh riot victims

Rs 5 lakh each compensation to kin of 1984 anti-Sikh riot victims

Rediff.com30 Oct 2014

The government has decided to give Rs five lakh each to the next of kin of victims of the 1984 anti-Sikh riots triggered after assassination of the then prime minister Indira Gandhi.

Amit Shah talks to rival Kuki, Meitei leaders for restoring peace

Amit Shah talks to rival Kuki, Meitei leaders for restoring peace

Rediff.com31 May 2023

He also held another meeting with a delegation of civil society organisations as part of his outreach and they expressed their commitment to peace and assured that they would work for restoring normalcy in Manipur.

Germany seeks forgiveness 50 years after Munich Games attacks

Germany seeks forgiveness 50 years after Munich Games attacks

Rediff.com6 Sep 2022

Members of the Israeli Olympic team were taken hostage on September 5, 1972 at the athletes' village by Palestinians from the Black September group.

Infosys' Sikka buys 9,116 shares as part of restricted stock units

Infosys' Sikka buys 9,116 shares as part of restricted stock units

Rediff.com26 Aug 2015

Shares of Infosys today closed at Rs 1,065.35, down 1.95 per cent from the previous close on the BSE.

Rs 5 crore NOT fine, but environmental compensation: NGT

Rs 5 crore NOT fine, but environmental compensation: NGT

Rediff.com11 Mar 2016

However, the NGT expressed its displeasure over the spiritual guru's statement that he 'will go to prison but not pay the fine' and said such a statement was not expected from a person with such high stature.

Why public sector companies are unable to attract talent for higher posts

Why public sector companies are unable to attract talent for higher posts

Rediff.com18 Sep 2022

Earlier this year, the Union Cabinet gave the management of state-run companies the freedom to decide on divesting their subsidiaries. However, the very next day a meeting was held at the top level of the Government of India, for the presentation of proposals for more autonomy for state-run companies. Interestingly, no chiefs of any of these companies were invited. It is a problem that will stare the government in the face with the state-owned banks too, as talks have again begun for inviting strategic investments in these companies.

Manipur unrest: BJP MLA moves SC against HC order on ST status to Meiteis

Manipur unrest: BJP MLA moves SC against HC order on ST status to Meiteis

Rediff.com7 May 2023

Gangmei in his appeal said the HAC "was a necessary and proper party and the proceedings before the high court were vitiated on account of not making the HAC a party".

FIFA's Blatter is still being paid his salary despite ban

FIFA's Blatter is still being paid his salary despite ban

Rediff.com19 Jan 2016

FIFA's Sepp Blatter may have been banned for eight years from the game but he is still receiving his president's salary from world soccer's governing body, a spokesman for FIFA's Audit and Compliance Committee told Reuters on Monday.